News & Analysis as of

Elections & Politics Tax

Read need-to-know updates, commentary, and analysis on Elections & Politics issues written by leading professionals.

Presidential Proclamations Impose Tariffs on Aluminum and Steel Imports

by Jones Day on

On March 8, 2018, President Trump signed proclamations imposing tariffs on aluminum and steel imports. The tariffs are being imposed pursuant to Section 232 of the Trade Expansion Act of 1962 following reports from the...more

Trump Administration Signals Exemptions To Steel Tariffs Are A Long Shot

by Seyfarth Shaw LLP on

Builders and manufacturers who rely on imported steel as a major input may want to rethink their procurement strategy in light of an executive domestic preference decree issued last week. Under President Trump’s Proclamation...more

2017 Summary Of New Maine Laws & Carry Over Legislation - State of Maine 128th Legislature, 1st Regular Session

by Pierce Atwood LLP on

Overview - 2017 Summary of New Maine Laws & Carry Over Legislation - The new laws highlighted in this summary are those most relevant to our clients and does not include all laws enacted this past session. This summary of...more

5 Steps to Obtaining an Exemption under President Trump’s Steel and Aluminum Tariffs

If your company is a U.S. consumer of imported steel or aluminum, the new tariffs announced by President Trump on March 8, 2018 are bad news. The good news is that you can petition the government for exclusions of certain...more

Proposed Steel and Aluminum Tariffs Poised to Have Big Impact

by Burr & Forman on

President Trump recently announced his intent to make good on his campaign promise to impose new, significant tariffs on many imports of steel and aluminum products to the United States. The announcement followed a Department...more

President Trump Announces Steel And Aluminum Tariffs With Exemptions For Canada And Mexico

by Dickinson Wright on

President Donald Trump surprised even his own senior staff on March 1 when he announced his intention to impose global tariffs of 25% on steel and 10% on aluminum....more

One, Two, Three, Red Light!

by McGuireWoods LLP on

The House Transportation and Infrastructure Committee held hearings last week on funding options for the administration’s $1.5 trillion infrastructure investment plan. It didn’t take long for the gas tax issue to move into...more

Status of Measures Targeting Private Corporations Following the 2018 Federal Budget

by Bennett Jones LLP on

The Federal Budget, released February 27, 2018, has clarified federal plans to change the tax treatment of private corporations and represents a substantial retreat from proposals announced in July 2017. In July 2017, the...more

President Trump Issues Proclamation Imposing Tariffs on Steel and Aluminum Imports

by WilmerHale on

Yesterday President Trump signed two Proclamations that impose 25 and 10 percent tariffs on imports of certain steel and aluminum products, respectively, other than those imported from Canada and Mexico. The imposition of...more

Do You Need to Include Local Lobbying on Your Upcoming Federal Lobbying Disclosure?

by Nossaman LLP on

The Tax Cuts and Jobs Act of 2017 included a surprise for some federal Lobbying Disclosure Act (LDA) Registrants: organizations that elect to calculate their lobbying expenses using Method C--the Internal Revenue Code (IRC)...more

President Announces Tariffs On Steel And Aluminum Products

President Trump has issued a proclamation providing for additional 25 percent tariffs on imports of certain steel products and 10 percent tariffs on imports of certain aluminum products. The Administration's position is that...more

Gold Dome Report - March 2018 #4

Just after Governor Deal signed the Amended FY 2018 Budget in Cedartown this morning, the House set to work adopting its proposal for the FY 2019 Budget. Notably included in the over $50 billion spending package ($26 billion...more

Tax Cuts and Jobs Act: Implications for Public Company Executive Compensation Programs

by Snell & Wilmer on

The Tax Cuts and Jobs Act (the “Tax Act”) has significant implications for public company executive compensation plans for tax years beginning after December 31, 2017 and will likely have a considerable impact on the future...more

What Every Employer Needs To Know About The Tax Reform Law

by Fisher Phillips on

Late last year, Congress passed the Tax Cuts and Jobs Act (the “Act”) and it was quickly signed by the President. The Act seeks to reform the current tax system and contains numerous provisions that may be significant to...more

News from Second & State

Weekly Wrap - The third and final week of budget hearings began on Monday with an all-day hearing before the House Appropriations Committee. The Department of Education’s budget hearing focused on higher education in the...more

Decoding the Tax Cuts and Jobs Act – Part VII: Family Matters and Major Events in the Lives of Individuals

by Garvey Schubert Barer on

The Tax Cuts and Jobs Act (“TCJA”) creates the need for tax planning with respect to several major life-changing activities individuals may encounter, including marriage, divorce, home ownership, casualty losses, medical...more

Recent and Upcoming Changes to 401(k) Plans

Legislation enacted in recent months should result in fewer operational errors and expanded participant opportunities. The Tax Cuts and Jobs Act extends the period a participant may make a tax-free loan rollover to an IRA...more

Italy, Draft Regulation On Transfer Pricing And Corresponding Adjustments

by DLA Piper on

In April 2017, the Italian government issued a Decree with the aim, among the other, to: (1) amend the Italian transfer pricing legislation, in order to better align it with OECD’s arm’s length principle; and (2) provide the...more

Maine's Federal Tax Conformity Proposal

by Pierce Atwood LLP on

On Thursday, March 1, Alec Porteous, the Commissioner of the Maine Department of Administrative and Financial Services, and Dr. Michael Allen, Associate Commissioner for Tax Policy for the Maine Department of Administrative...more

Senate Dems Unveil Infrastructure Plan

by McGuireWoods LLP on

Senate Democrats have released their $1 trillion infrastructure plan. Under the plan, Democrats would roll back some of the tax cuts enacted last year to help offset the $1 trillion price tag. For example, they propose to...more

Let’s Start Over – 2018 Health Savings Account Cost of Living Adjustments

by Ruder Ware on

It is unusual for the IRS to implement a retroactive change to a previously announced limit (whether it be qualified plan limits or HSA limits). Especially when the change is a reduction in the amount that taxpayers can...more

President Trump Expected to Impose Section 232 Tariffs on Steel and Aluminum Imports

by WilmerHale on

President Trump stated on March 1 that his administration would impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports for an indefinite period. This was a preview of formal determinations...more

Proposition 13 Ballot Initiative Qualifies for Signature Gathering

Proponents of The California Schools and Local Communities Funding Act of 2018 have received clearance from the California Attorney General to gather signatures in support of a ballot initiative to revoke Proposition 13...more

Singapore Budget 2018: How will the changes impact businesses and individuals?

by Dentons on

The 2018 Singapore Budget Statement, announcing various tax changes, was delivered by Finance Minister Heng Swee Keat on 19 February 2018 – highlighting a record budget surplus of S$9.61 billion for Financial Year 2017 and...more

Trump’s Tax Reform: Effect on Nonprofits

by Bowditch & Dewey on

The Administration’s frenzy to pass “tax reform” created tax breaks for some—I’m looking at you, the Trump family—increased taxes for others, and confusion for everyone, at least until the IRS is able to promulgate official...more

2,906 Results
View per page
Page: of 117

Follow Elections & Politics Updates on:

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.